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Exor Buys 15% Stake in Philips
[ad_1] By Joe Hoppe Exor and Royal Philips jointly said that they have entered a relationship agreement, with Exor picking up a 15% stake…
Tag: NL:PHIA
Breaking News
Philips says it will cut 6,000 extra jobs by 2025 as it swings to a loss
[ad_1] Royal Philips NV on Monday said it will cut an extra 6,000 jobs by 2025, including around 3,000 this year, as part of…
Business
U.S. stocks edge up despite higher-than-expected inflation data
[ad_1] U.S. stock indexes edged higher on Wednesday, while hotter-than-expected producer price inflation data deepened concerns that the Federal Reserve may continue its aggressive…
Breaking News
Philips warns of 5% fall in like-for-like sales due to supply-chain woes
[ad_1] Royal Philips NV said Wednesday that its performance for the third quarter was hurt by stronger-than-anticipated supply-chain challenges, and adopted a more pessimistic…